Building is brisk business especially in cities experiencing population explosion or where there is a whole lot of town planning, settlement and resettlement scheme by the government or private estate firms going on. For all of these projects there is a dire need to hire the services of a home builder or a residential contractor as many like to call it. Typically, they can do every bit of job that there is to do around construction and remodeling of homes and buildings including supervising lot acquisition and excavation, ensuring materials to be used as finishing for houses are of the right quality and supervising electrical fittings and installation of appliances. A residential contractor may run a business where he can offer his professional services or may seek reconstruction services franchise opportunities where he can offer his services on the platform of a construction contracting firm. To make an informed decision on which option to go with, there is need for a home builder to consider the following factors.
Level of Experience and Education: If all you have is a degree in Construction Science or Building Technology, you will need to gather lots of experience to be reputed in the field. The perfect option for you is to seek reconstruction services franchise with established construction firms that would earn you the frequent jobs you need to gather experience as clients seek the services of established construction brands. But if you have worked painstakingly over the years to build a reputable business on your own by rendering professional reconstruction services to so many clients; the goodwill you have with your clients may well be enough to keep you in business so you may keep things at that except there is a compelling reason or premium benefit you stand to gain from entering a franchise agreement with established construction brand.
Licenses, Bonds and Insurance: if you are running a reconstruction service outfit on your own, you may have to go through the rigors of obtaining, filing and completing all documentations and certifications in compliance with state regulations. You may have to obtain home builder licenses, go for background checks, bonding and proof of commercial liability insurance. For a home builder who has a reconstruction service franchise many of these documentations and compliance processes would have been completed by the franchisor firm; there would be no need for franchisees to go through all that hassle